FPH Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	662.6M EUR	378.42M EUR	350.14M EUR	397.58M EUR
Enterprise Value	2B EUR	474.08M EUR	461.27M EUR	415.38M EUR
Valuation Multiples
Trailing P/E	6.31x	7.14x	7.7x	8.34x
Forward P/E	6.79x	--	--	--
Price to Sales	5.67x	3.24x	3.17x	4.1x
Price to Book	0.38x	0.45x	0.42x	0.47x
EV/Revenue	17.1x	4.06x	4.18x	4.29x
EV/EBITDA	667.83x	100.53x	--	56.68x
Price to FCF (P/FCF)	--	5.78x	87.56x	8.2x
EV/FCF	--	7.24x	115.35x	8.56x
FCF Yield	-15.29%	17.3%	1.14%	12.2%